SEC Schedule 13G is a filing that certain investors submit to the Securities and Exchange Commission (SEC) when they own more than 5% of a public company’s voting shares but don’t intend to influence control. It’s a lighter version of Schedule 13D, designed for passive investors.
Who files it
- Institutional investors like mutual funds and banks
- Individuals or groups with a large but passive stake
Key points
- Filed within 45 days after the end of the calendar year in which the 5% threshold is crossed
- Requires updates if ownership changes significantly
- Signals the presence of a substantial shareholder without activist intentions
For a look at the detailed annual report companies file, see Sec Form 10-k Annual Report.